Farmers dealt a raw hand

Can universities sell land to repay debts accumulated in their senseless expansion in the past decade? Two universities are reportedly doing exactly that right now - more will possibly follow suit because they are sinking in heavy debt to banks.

It seems sensible for them to repay their creditors in whatever way they can. But for universities, the solution is not that simple.

Local governments approved of all plans by universities to expand. The land was acquired cheaply from rural villages to be used for public benefit. Rural villagers had no rights in bargaining for higher prices because local governments acquired the land in the name of educational development for the public.